Dalian My Gym Education TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Dalian My Gym Education TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥228.2M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are CN¥2.4B and CN¥1.2B respectively.
Key information
19.8%
Debt to equity ratio
CN¥228.17m
Debt
Interest coverage ratio | n/a |
Cash | CN¥806.94m |
Equity | CN¥1.15b |
Total liabilities | CN¥1.24b |
Total assets | CN¥2.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002621's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥911.8M).
Long Term Liabilities: 002621's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥325.5M).
Debt to Equity History and Analysis
Debt Level: 002621 has more cash than its total debt.
Reducing Debt: 002621's debt to equity ratio has increased from 0% to 19.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002621 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002621 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 37.9% each year